INTERNAL PROTOTYPE โ€” NOT LEGAL ADVICE โ€” DO NOT SEND

Sec. 6-178

Citation
Sec. 6-178 (e)
Parent Document
Portland City Code ch. 6
Jurisdiction
Portland (municipal)

Other Sections in This Document (920)

Full Text

481 chars
(e) No City Responsibility for Commercial Pace Assessment
Payments. The City shall not be obligated to make any Commercial
PACE Assessment payment during any period in which the City is
deemed to be the owner of the Qualified Property by virtue of the
automatic foreclosure of a tax lien mortgage, pursuant to 36
M.R.S. ยง 943, as amended, provided that the City includes such a
provision in the Commercial PACE Agreement for that Qualified
Property.
(Ord. No. 41-23/24, 10-16-2023)